WSJ: “Iran insiders are rumbling about the looming economic catastrophe if Washington does not grant sanctions relief that would unlock prospects for economic recovery,” said Burcu Ozcelik, senior research fellow with the London-based Royal United Services Institute think tank. “Without the prospect of economic recovery, regime survival beyond the short term will face sustained structural…
The alternatives to agreement determine the terms of agreement: Iran’s alternatives are bad and getting worse.
The alternatives to agreement determine the terms of agreement: Iran’s alternatives are bad and getting worse.
20 Apr 2026 Leave a comment
in defence economics, energy economics, international economics, war and peace Tags: Iran
Net Zero France Capitulates to an Iranian Safe Passage Fee for Gulf Oil
06 Apr 2026 Leave a comment
in defence economics, energy economics, international economics, war and peace Tags: Iran
European Net Zero policies appear to have created a total dependency on imported fossil fuel.
Net Zero France Capitulates to an Iranian Safe Passage Fee for Gulf Oil
An interesting Al Jazeera column
04 Apr 2026 Leave a comment
in defence economics, politics - USA, war and peace Tags: Iran
I did not expect to see a column in Al Jazeera saying that the US and Israel war against Iran is succeeding, but there is. The author, Muhammad Sellom, is an Assistant Professor of International Politics and Security at the Doha Institute for Graduate Studies. He writes: When you look at what has actually happened…
An interesting Al Jazeera column
Labour’s fuel crisis policy is silence
27 Mar 2026 Leave a comment
in defence economics, energy economics, politics - New Zealand, transport economics, war and peace Tags: Iran
The Herald reports: Labour leader Chris Hipkins isn’t providing an alternative plan of action to help struggling New Zealanders facing pain at the pump and the threat of rising prices elsewhere. Asked repeatedly what alternatives Labour could suggest, Hipkins said the onus to present ideas was on the current Government. He gave some principles, such…
Labour’s fuel crisis policy is silence
Taking comfort from the 1970s
27 Mar 2026 Leave a comment
in defence economics, economics of regulation, energy economics, politics - New Zealand, war and peace Tags: Iran
When a story recently emerged about the government getting advice on carless days under the Petroleum Demand Restraint Act, older New Zealanders will have felt a warm flush of nostalgia. The 1979 restrictions brought coloured windscreen stickers announcing the weekday car owners had promised not to drive. Thursday proved the most popular choice. A thriving black market followed. Forty-three percent of vehicles secured exemptions.
Taking comfort from the 1970s
How much more will oil prices have to go up?
22 Mar 2026 Leave a comment
in applied price theory, defence economics, energy economics, war and peace Tags: Iran, Oil prices
[Robin] Brooks: So let me give you two ways of thinking about what’s going on, both of them are really about trying to think about what kind of risk premia need to be priced in oil, given all the massive uncertainty that we have. The first way that I’ve been thinking about this is—I spent […]
How much more will oil prices have to go up?
If Iran stopped exporting oil
16 Mar 2026 Leave a comment
in business cycles, defence economics, economic growth, energy economics, industrial organisation, international economics, International law, macroeconomics, resource economics, war and peace Tags: Iran
By ChatGPT-5.2 If Iran’s oil exports alone stopped, the world would feel it, but it would probably be a serious price shock rather than an immediate global supply collapse. Iran has recently been exporting roughly 1.1–1.5 million barrels a day, close to its 2025 average of about 1.69 million barrels a day, with China buying more than 80% of those shipped […]
If Iran stopped exporting oil
Stagflation, Recession? Probably Not
16 Mar 2026 1 Comment
in defence economics, energy economics, international economics, war and peace Tags: Iran
See Why the Oil Shock Probably Won’t Derail the Economy. And One Way It Might: The U.S. is a net petroleum exporter and productivity is improving, but the bigger risk is stubborn inflation by Greg Ip of The WSJ. Stagflation combines the words stagnation and inflation. If oil prices rise, supply shifts to the left because the…
Stagflation, Recession? Probably Not
Why is Phil Twyford publicly endorsing a Marxist group which supports the Iranian dictatorship?
13 Mar 2026 Leave a comment
in defence economics, International law, laws of war, Marxist economics, war and peace Tags: Iran, Israel, Middle-East politics, regressive left, war against terror
Last night I and a number of NZ Against Hamas members attended what was for me one of the most entertaining events of the last 12 months: a mass protest of a few hundred Kiwi Iranians against a dozen or so elderly communists who turned up to a meeting in Mt Eden War Memorial Hall…
Why is Phil Twyford publicly endorsing a Marxist group which supports the Iranian dictatorship?
Iranian women: 1970 vs. 2020
03 Mar 2026 Leave a comment
in defence economics, discrimination, economic history, gender, labour economics, liberalism, Marxist economics Tags: Age of Enlightenment, Iran, sex discrimination
I put something like this up years ago, but it’s a good way to see, with just a few clicks, what happened to Iran after the “Revolution”. Let’s taken women’s dress, a touchstone of misogyny and theocratic oppression. Before the Islamic Revolution of 1979, it was a pretty free country in that respect, and everyone…
Iranian women: 1970 vs. 2020
Silence on Iran’s murder of its own people: more hypocrisy from anti-Israel protesters
16 Jan 2026 Leave a comment
in economics of crime, International law, law and economics Tags: Iran, Israel, media bias, Middle-East politics, regressive left
It is reported that Iran has massacred 12,000 pro-freedom protesters in less than a fortnight: https://www.yahoo.com/news/articles/least-12-000-possibly-20-185320083.html Where is everyone who has been protesting Israel’s actions weekly over the past two years? The Palestine Solidarity Network Aotearoa accused Israel of genocide three days after the Iranian-funded massacre of Israeli civilians on October 7, before Israel had…
Silence on Iran’s murder of its own people: more hypocrisy from anti-Israel protesters
Impressive intelligence operation
28 Jun 2025 Leave a comment
in defence economics, war and peace Tags: Iran, Israel, Middle-East politics, war against terror
The Daily Wire reports: Israeli secret service operatives used a fake phone call to trigger what appeared to be an “emergency meeting” among Iran’s top military leaders — and then targeted the location of the meeting. Amit Segal told the Call Me Back podcast on Monday: “What Israel did was create a fake phone call for 20 […]
Impressive intelligence operation
The Grim Logic of Israel’s War
24 Jun 2025 Leave a comment
in defence economics, economic history, International law, laws of war, war and peace Tags: bombing of Germany, Gaza Strip, Iran, Israel, Middle-East politics, World War I, World War II
If the best course of action is to avoid war, then the second-best course, with war already raging, is to end it. Chris Trotter writes – THE LOGIC OF WAR is pitiless and relentless. Once embarked upon, warfare creates needs and imposes priorities that cannot be ignored without imposing unsustainable costs on one’s own military […]
The Grim Logic of Israel’s War
Omissions in BBC report about strike on Iran state TV building
19 Jun 2025 Leave a comment
in defence economics, industrial organisation, war and peace Tags: Iran, Israel, media bias, Middle-East politics, war against terror
In the early hours of June 17th the BBC News website published a report by David Gritten headlined “Israel bombs Iran state TV during live broadcast” which opens as follows: [emphasis added] “Israeli aircraft have struck the headquarters of Iran’s state broadcaster in Tehran, after the Israeli military told residents of the area of the […]
Omissions in BBC report about strike on Iran state TV building
Initial BBC News website coverage of events in Iran and Israel
15 Jun 2025 1 Comment
in defence economics, economics of media and culture, war and peace Tags: Atomic bomb, Iran, Israel, media bias, Middle-East politics, regressive left, war against terror
On the morning of June 13th the BBC News website’s ‘Middle East’ page had little to offer its visitors in the way of reporting on the strikes that Israel had carried out in Iran in the early hours of that day. Coverage on that page itself was limited to a live page: In the ‘updates’ […]
Initial BBC News website coverage of events in Iran and Israel
Utopia, you are standing in it! 
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